Subsea was TechnipFMC’s largest segment in fiscal 2025, bringing in $8.67B of $9.93B (87%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subsea | $5.46B | $6.43B | $7.82B | $8.67B | |||||||
| Technip Energies | — | — | — | — | |||||||
| Onshore/Offshore | — | — | — | — | |||||||
| Surface Technologies | $1.24B | $1.39B | $1.26B | $1.27B | |||||||
| Segment Reconciling Items | — | — | — | — | |||||||
| Total | $6.70B | $7.82B | $9.08B | $9.93B |
TechnipFMC brought in $9.93B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 9.4% from $9.08B in fiscal 2024. Subsea was the largest at $8.67B (87.2%), ahead of Surface Technologies at $1.27B (12.8%).
Compared with fiscal 2024, Subsea grew 10.8% to $8.67B and Surface Technologies grew 0.3% to $1.27B. From fiscal 2022 to 2025, combined revenue from these segments grew from $6.70B to $9.93B, a compound annual growth rate of 14.0%. Subsea's share of the total rose from 81.5% to 87.2%.
Europe, Central Asia was TechnipFMC’s largest region in fiscal 2020, bringing in $1.86B of $13.06B (14%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|---|---|
| Russia | $4.89B | $2.77B | — | — | ||
| All Other Countries | $3.08B | $2.21B | $785.60M | $573.00M | ||
| Europe, Central Asia | — | — | — | $1.86B | ||
| United States | $1.53B | $1.28B | $1.46B | $1.32B | ||
| North America | — | — | — | $1.27B | ||
| Latin America | — | — | — | $1.12B | ||
| Norway | $971.20M | $1.20B | $1.35B | $1.22B | ||
| Brazil | $911.10M | $1.48B | $1.09B | $600.60M | ||
| Africa | — | — | — | $955.50M | ||
| Asia Pacific | — | — | — | $903.10M | ||
| Angola | $1.02B | $385.70M | $498.10M | $482.80M | ||
| Australia | $953.90M | $926.60M | $133.40M | $122.50M | ||
| United Kingdom | $465.90M | $442.10M | $535.80M | $489.00M | ||
| Middle East | — | — | — | $428.60M | ||
| Malaysia | $374.80M | $362.30M | $197.20M | $190.00M | ||
| United Arab Emirates | $308.50M | $460.30M | — | $39.20M | ||
| Indonesia | $295.40M | $130.70M | $262.60M | $280.00M | ||
| Israel | $6.90M | $243.80M | $319.60M | $179.30M | ||
| Mozambique | — | $116.20M | $80.00M | $320.40M | ||
| Singapore | — | $23.40M | $190.50M | $219.90M | ||
| France | — | $138.90M | — | — | ||
| India | $135.20M | $214.00M | — | $26.80M | ||
| Guyana | — | $7.60M | $7.20M | $330.10M | ||
| China | $104.70M | $112.30M | — | — | ||
| Trinidad | — | — | $42.80M | $106.30M | ||
| Viet Nam | — | $34.70M | — | — | ||
| Ghana | — | — | — | $34.00M | ||
| Egypt | — | $13.20M | — | — | ||
| Senegal | — | $1.20M | — | — | ||
| Total | $15.06B | $12.55B | $6.95B | $13.06B |
TechnipFMC brought in $13.06B from its 23 regions in fiscal 2020, the year ended December 31, 2020. TechnipFMC regrouped these regions after fiscal 2019, so the total does not compare directly with that year's $6.95B. Europe, Central Asia was the largest at $1.86B (14.2%), ahead of United States at $1.32B (10.1%) and North America at $1.27B (9.7%). The other 20 regions brought in $8.62B combined.
Compared with fiscal 2019, Guyana grew fastest, up 4,484.7% to $330.10M, while Brazil fell the most, down 44.7% to $600.60M.
TechnipFMC began breaking out Europe, Central Asia in fiscal 2020, North America in fiscal 2020, Latin America in fiscal 2020 and Africa in fiscal 2020. TechnipFMC stopped reporting Russia ($2.77B in fiscal 2018), France ($138.90M in fiscal 2018), China ($112.30M in fiscal 2018) and three others as separate regions.
TechnipFMC (FTI) reports its revenue by segment and by geography. In fiscal 2025, Subsea was its largest segment, bringing in $8.67B (87.2% of the total), followed by Surface Technologies at $1.27B (12.8%).
Subsea was TechnipFMC's largest segment in fiscal 2025, bringing in $8.67B, or 87.2% of the $9.93B total across its two segments.
Europe, Central Asia was TechnipFMC's largest region in fiscal 2020, bringing in $1.86B, or 14.2% of the $13.06B total across its 23 regions.
Subsea grew faster than Surface Technologies in fiscal 2025, up 10.8% from $7.82B to $8.67B. Surface Technologies grew 0.3% to $1.27B.
Every figure comes from TechnipFMC's annual financial filings, as reported. Each line keeps the name TechnipFMC gives it, and years follow its fiscal calendar.
TechnipFMC's revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.